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Bath Parade, Cheltenham... 13 bed terraced house for sale
Bath Parade, Cheltenham, Gloucestershire, GL53
£1,450,000
Bath Parade, Cheltenham, Gloucestershire, GL53
£1,450,000
Our Summary
- Nestled in the heart of Cheltenham's vibrant Bath Parade, Abbey Townhouse B & B presents an exceptional opportunity for investors, developers, and those seeking a potential conversion project
- Currently operating as a charming & successful bed and breakfast, this substantial period property offers a range of exciting possibilities, subject to planning permission
- Alternatively, there is scope to convert the building into student housing or multiple apartments, subject to planning approval, making it a versatile investment for various buyer needs
- With easy access to local parks, shops, cafés, and schools, the location offers an attractive proposition for both potential tenants and homeowners
- Given the demand for both residential and student housing in Cheltenham, alongside the rare chance to acquire a fully operational B&B business, this is an outstanding investment opportunity not to be missed
- Approved planning for two residential dwellings
- Excellent possibility for conversion into student accommodation, subject to obtaining the necessary change of use permissions
Description
Nestled in the heart of Cheltenham's vibrant Bath Parade, Abbey Townhouse B&B presents a unique opportunity for investors, developers, and those seeking a potential conversion project. The substantial period property, currently operating as a successful bed and breakfast, offers a range of exciting possibilities, subject to planning permission. With approved plans to convert into two residential dwellings, it could be transformed into contemporary family homes or alternatively, converted into student housing or multiple apartments. The property also comes with the rare opportunity to acquire it as a fully operational and established business, with a long-standing reputation and existing client base. Located in a prime Cheltenham location, surrounded by a mix of residential, commercial, and leisure facilities, the property enjoys easy access to local parks, shops, cafes, and schools. With its generous and well-proportioned layout, private garden, and ample parking, this is an outstanding investment opportunity not to be missed.